Cave Creek, AZ Home Values & Market Trends
Real estate market trends reflect that there have been 1,112 transactions over the past year in Cave Creek. The median value for residential home transactions that occurred over the previous year is $814,492.84. The number of current listings in Cave Creek is 6, and the percentage of properties for sale in the city is 42.86%. Cave Creek, AZ currently has 8 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 6 properties for sale.
Cave Creek, AZ Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 85331 | $ 1,060,020 $ 359/sqft |
Housing Market Summary for Cave Creek, AZ
| Sep 2022 | September 2023 | Change | |
|---|---|---|---|
| Median Listing Price | $850K | $826.3K | -2.79% |
| Median Sold Price | $850K | $826.3K | -2.79% |
| Homes For Sale | 96 | 6 | -93.75% |
| Homes Sold | 780 | 619 | -20.64% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cave Creek, AZ
Browse Homes in Cave Creek, AZ
Cave Creek home values range from $104,118 to $4,669,840. The median estimated value of a home in Cave Creek is $814,492.84. The median list price of a home is 1,039,500, and the total count of properties in the city is 13,912.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cave Creek, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cave Creek, AZ; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cave Creek, AZ ranges from the highest value of $991,651 in 85331 to the lowest value of $718,794 in 85331. Bank owned homes and properties account for 0.01% of properties in Cave Creek, AZ. There is 1 zips within Cave Creek, AZ; 85331 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions85331 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Cave Creek, AZ. Auction homes and other auction properties account for 0.04% of all properties in Cave Creek, AZ. There is 1 zips within Cave Creek, AZ; of that zips, the median estimated home value for homes going to auction ranges from $2,545,077 in 85331 to the lowest value of $588,271 in 85331.